Deere and Seadrill are big market movers

AP News
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Posted: Nov 26, 2014 4:34 PM

NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Deere & Co., down 80 cents to $86.99

The farming equipment maker predicted that sales and profit will keep falling in its new fiscal year as the sector remains weak.

Seadrill Ltd., down $4.72 to $15.99

The offshore drilling contractor's quarterly profit results fell short of Wall Street expectations and it suspended its dividend.

Noble Corp., down $1.05 to $19.71

The offshore drilling contractor and its competitors continue to feel the impact of weakening demand as oil prices remain low.

Cubic Corp., up $3.85 to $50.92

The electronics company reported better-than-expected quarterly results and increased its semi-annual dividend.

Infoblox Inc., up $1.06 to $17.95

The network automation company reported better-than-expected quarterly profit and revenue and issued an upbeat outlook.

Nasdaq

Taser International Inc., up $1.28 to $21.87

The maker of electrical weapons said it received follow-on orders by the Winston-Salem Police Department for body-worn cameras.

Ctrip.com International Ltd., down $4.96 to $53.50

The Chinese travel services company reported better-than-expected quarterly results, but its revenue outlook fell short.

The Hain Celestial Group Inc., up $4.02 to $112.59

The maker of organic and natural products said its shareholders approved a two-for-one stock split.